Welcome to Tyhee Gold Corp.

Tyhee Gold Corp. (“Tyhee” or “the Company”) (TSX-Venture: TDC) is actively focused on a two-pronged approach to increasing shareholder value. The first is the continuation of development of its Yellowknife Gold Project ("YPG") in Canada's Northwest Territories.

The second comprises the evaluation and potential acquisition of operating or near-term operating gold properties in North America. Such a path allows Tyhee to leverage its significant operational and technical talent – led by veteran, project-driven, management team – while continuing with permitting and project funding for the YGP.

The Yellowknife Gold Project

The YGP is located in the same prolific Archaen Greenstone Belt as the renowned world class "Con-Giant" deposit, which produced a combined 14 million ounces of gold.

An independent Feasibility Study ("FS")* has been completed (August 2012), which estimated that, at a base-case gold price of US$1,400 per ounce and a projected 4,000 tonnes-per-day processing plant comprised of a conventional gravity-flotation-cyanide process and incorporating open-pit and underground mining methods on the Ormsby, Bruce Lake, Clan Lake and Nicholas Lake deposits, the YGP is estimated to return a pre-tax net present value (NPV) at a 5% discount rate of approximately $216 million ($115 million post-tax) and an internal rate of return of 20% (15% post-tax) based on initial estimated capital cost of $193 million (including a 10% contingency.)

The study also estimated Proven and Probable mineral reserves(1) for the YGP at 20,433,000 tonnes at an average grade of 2.03 grams per tonne (“g/t”) gold, containing 1,334,000 ounces of gold, resulting in a mine-life of approximately 15 years. Tyhee’s technical team has identified six separate gold deposits in the YGP, including Ormsby, Bruce Lake, Clan Lake, Nicholas Lake and Goodwin Lake. These areas have a combined Measured and Indicated resource(2) estimated to total 1,715,000 ounces of gold contained in 27,115,000 tonnes at an average grade of 1.97 g/t, and Inferred resources of 487,000 ounces of gold contained in 5,774,000 tonnes at 2.62 g/t.

The Company is also actively engaged with local residents and regulatory authorities to ensure the project's proper integration with both nearby communities and the environment. Overall, Tyhee’s management is committed to applying a culture of corporate, social and environmental consciousness to the benefit of all of its stakeholders.

*The FS has been prepared based on technical and economic input by a team of consultants consisting of SRK Consulting (U.S.), Inc., (SRK), Lyntek Incorporated (Lyntek) and Knight Piésold and Co. (KP) and EBA (collectively referred to as the Consultants). National Instrument 43-101 compliant.

(1) The mineral reserve estimate for the YGP is shown below and was calculated by Bret C Swanson BE (Min), Principal Consultant, of SRK Consulting (U.S.), Inc. Effective Date of July 1, 2012. Reserves are inclusive of mineral resources.

Quick Links

News

Tyhee has engaged Red Cloud Klondike Strike Inc. (“RedCloudKS”) of Toronto to review strategic alternatives which may involve a transaction with one or more third parties including a financing to raise funds for the Company or the sale of all, or any interest in, the assets of the Company.There can be no assurance that any transaction will result from this engagement. The Company will inform shareholders of any developments in a timely manner.

announces that the Maturity Date of the previously announced Note Purchase Agreement with RMB Australia Holdings Limited has been further extended from November 30, 2015 to January 29, 2016. Under the terms of the Agreement, RMB Australia provided the Company with a US$5 million loan, which bears interest at 2% per month. This further extension has been made primarily in order to facilitate Tyhee’s ongoing efforts to raise the capital to repay the RMB Note.

Tyhee Gold Corp. (NEX: TDC) announces that the Maturity Date of the previously announced Note Purchase Agreement with RMB Australia Holdings Limited (“RMB Australia”) has been further extended from October 30, 2015 to November 30, 2015. Under the terms of the Agreement, RMB Australia provided a US$5 million loan, which bears interest at 2% per month. This further extension has been made primarily in order to facilitate Tyhee’s ongoing efforts to raise the capital to repay the note.